1/22 Parker Street, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

1/22 Parker Street
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 156m2
Land area: 384m2
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Property Details for 1/22 Parker St, Ocean Grove

1/22 Parker St, Ocean Grove is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 384m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last transferred in August 2024.

Building Type
Unit
Year Built
1975
Floor Size
156m2
Land Size
384m2
Local Government
Greater Geelong
Lot/Plan
1/PS614647

Last Listing description (March 2020)

This spacious four-bedroom home is ideally set up with dual occupancy to suit a lucrative AirBnb investment, or owner/occupiers live upstairs and accommodate guests in privacy in the self-contained lower level. The home also boasts a prime coastal setting with a river at the end of your street and a short stroll to the beach, Ocean Grove Golf Club, and shops and cafes in town.

-- Beautifully presented upper level features polished timber floors

-- Open-plan living/dining area opens to large corner balcony
-- Modern full-sized kitchen with gas cooktop
-- Two upstairs bedrooms both feature built-in robes
-- Two-way upstairs bathroom with vanity area and shower room
-- Downstairs living/dining area with kitchenette opens to two side pergolas
-- Two downstairs bedrooms plus full-sized bathroom with separate toilet

Take the external staircase up to the huge corner balcony that opens into the upstairs living/dining area with split-system air conditioning and heating.

The adjoining modern gas kitchen features stainless steel appliances including a dishwasher, and two generous bedrooms join the main bathroom at rear.

There are built-in robes to both bedrooms, and the second bedroom opens onto the wrap-around balcony that captures cooling ocean breezes.

Downstairs, the open-plan living/dining area with kitchenette features a private external entry, and boasts a full-sized bathroom, separate internal laundry and two large bedrooms.

There's also plenty of outdoor space to enjoy in the good-sized backyard, and parking is provided for two cars in the double carport at front.

Property History for 1/22 Parker St, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Transferred
31 Aug 2024
Listed for Rent
$445/w
20 Dec 2018
  • 31 Aug 2024
    Transferred
  • 24 Jan 2020
    Sold for $770,000
  • 07 Nov 2019
    Listed for Sale $750K - $820K
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About Ocean Grove 3226

The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.

Ocean Grove has 11,906 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:

  • The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 127 properties listed for sale, and 28 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 546 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.